Randy Maiers: The New Year appears ready to bring lots of gifts to region

7:24 PM,
Dec. 21, 2013

Randy Maiers

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POINT OF VIEW
Randy

I saved a newspaper article from CNN Money last January. The headline was "Stocks in 2013: Get defensive."

CNN Money had surveyed 30 investment strategists and money managers. Their prediction for 2013 was that the S&P 500 would finish up only 4.5 percent for the year at 1,490. Fortunately, their predictions were far from accurate.

In mid-December, the S&P was at 1,796 and barring some late December crash, this will be a year of double-digit investment returns. Through the end of September, the Community Foundation's investments were up over 12 percent, and over the past two years we're up ...